United Technologies Earnings: What to Expect
United Technologies Corporation (NYSE: UTX) reports its third-quarter earnings on Oct. 24, and there's a lot for investors in the company and the industrial sector at large to focus on. Here are the key things for investors to look out for in each of United Technologies' four segments.
The key to Pratt & Whitney's future is its geared turbofan (GTF), and investors should follow management's guidance and commentary closely. In truth, the GTF has had teething problems that have disaffected airlines and airplane manufacturers Airbus and Bombardier.
Part of the problem is that management missed its target of producing 200 engines in 2016 by building only 138, and it still faces questions over technical issues (carbon seals and combuster liners). Consequently, industry analysts see GTF orders significantly trailing behind those of General Electric Company's LEAP engine in 2017 -- the two engines are competing on the Airbus A320neo family.
Source: Fool.com
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